CS Disco Inc.
LAW,
is set to go public Wednesday, as the Texas-based provider of legal document review and ediscovery services to law firms' initial public offering priced overnight above its expected range. The company raised $224.0 million as it sold 7.0 million shares in the IPO, which priced at $32 a share. Earlier this week, the expected pricing had been raised to between $30 and $31 a share from between $26 and $29 a share. With 56.38 million shares outstanding, the IPO pricing values the company at $1.80 billion. The company is going public at a time that the Renaissance IPO ETF
IPO,
+2.49%
has slipped 0.3% over the past three months while the S&P 500
SPX,
+1.52%
has gained 3.6%.